 "House rent")
If you live in one of the country’s top seven cities, your house rent is likely to have risen between 20 and 25 per cent since the pre-pandemic times. In popular societies within some micro markets, the increase has been more than 30 per cent, according to data from real estate consultancy ANAROCK.
Demand-supply mismatch
Residential rentals had dipped after the onset of Covid-19 in March 2020. “In 2022, rental demand rose again as companies called their employees back to the office, or began to follow at least a hybrid model,” says Prashant Thakur, senior director and head–research, ANAROCK Group.
